Page 8 - Patrick Werr News Today

Egypt hopes its imminent inclusion in the BRICS bloc of developing nations will help ease its shortage of foreign currency and attract new investment, but analysts say it may take time before any benefits appear. The bloc, which includes Brazil, Russia, India, China and South Africa, on Thursday invited Egypt and five other countries to join, and Egypt immediately welcomed the offer. "I appreciate Egypt being invited to join BRICS and look forward to coordinating with the group to achieve...

By Patrick Werr CAIRO (Reuters) - Egypt hopes its imminent inclusion in the BRICS bloc of developing nations will help ease its shortage of foreign cu...

By Patrick Werr CAIRO (Reuters) - Egypt is offering a minimum $5,000 fee for Egyptians living abroad who wish to clear their military service obligati...

CAIRO (Reuters) - Egypt's annual headline inflation in July rose to an all-time high of 36.5%, in line with analysts' expectations, as food prices soa...

A historic neo-Islamic ministry in central Cairo was engulfed in flames on Saturday, only days after its employees had moved to premises in a new capital city under construction in the desert 45km...

(Reuters) - The Central Bank of Egypt (CBE) kept its key overnight interest rates unchanged on Thursday, saying commodity prices appear to be falling and economic growth is likely to recover in the fiscal year that begins next week.

The Central Bank of Egypt (CBE) kept its key overnight interest rates unchanged on Thursday, saying commodity prices appear to be falling and economic growth is likely to recover in the fiscal year that begins next week.

CAIRO (Reuters) - A project to expand roads and bridges to ease congestion in Cairo has put thousands of tombs in a vast and ancient Islamic cemetery under threat, causing outcry among conservationists and family members.

The Central Bank of Egypt is expected to leave its overnight interest rates unchanged on Thursday after President Abdel-Fattah al-Sisi appeared to rule out any devaluation of the currency in... | June 19, 2023

CAIRO (Reuters) - The Central Bank of Egypt (CBE) is expected to leave its overnight interest rates unchanged on Thursday after President Abdel-Fattah...